Ifeanyi Ubah breaks Twitter when he said he'll return Dollar to N200 in one month #IfeanyiUbahN200PerUSD

Dr Patrick Ifeanyi Ubah

The Chairman of Capital Oil and Gas Services Limited and Publisher of The AU­THORITY newspapers, Dr. Patrick Ifeanyi Ubah, has advised the Federal Government to consult some Nigerians who can halt the free fall of the Naira which is affecting the na­tion’s economy.


He said that if the Federal Gov­ernment consults him, he could re­store the nation’s currency to an ex­change rate of N200 to one US Dollar within one month – thereby arresting the slide in the naira which is virtu­ally crippling the economy.

The nai­ra currently exchanges at N385 to the US dollar. Chief Ubah, who was speak­ing on a Channels Television poli­tics programme, did not say how he was going to bring the naira down to an exchange rate of 200 per dol­lar – but said the government could seize everything he owns if he failed to do this within one month, if given the mandate.

Culled from: www.reportsafrique.com

See the tweets from the hashtag #IfeanyiUbahN200PerUSD below:

Food for thought: Is it possible?